that's insane.
it's about 3k+ repayment every month.
how to afford it if single?

won't sakit meh?


unrelated drillz


This post has been edited by nugget_piece: Dec 11 2020, 04:31 PM

no repayment every month if pay cash owai

by not being a low income kuli

Youtuber earns RM155k/month
6 Dec 2020
https://forum.lowyat.net/topic/5068671

dont have expensive hobby or car. When u are 30+ sure u can afford 1m house already.

I think really need to (1) existing cash generating assets/investments (2) able to pull the belt when needed when things go awry.

If the property completed and it’s for investment, rental can subsidise a good portion of it. It’s a numbers game.

Why sakit? K std is 20k nett income earner 🤣

yalo 20k per mth 3k repayment still left 17k.

for single, and no daddykasi, salary should be around 13k to afford it comfortably.

its easier if you have partner, daddykasi or other type of passive income.

By buying it 12 years ago at about half the price.

And finishing payment ASAP instead of paying ridiculous interest like a moron for 30 years.

you start at bottom rung, not the middle rung

How to afford?

Don’t be poorfag.

I bought a factory lot for biz RM700k, fully paid off in 10 years. Easy only.

Get high-paying job. Now can kolos.

You bought 800k house then rent or airbnb
Then bought 200k apartment then rent to banggalaaa
Then repeat until bank reject your mortgage loan



Caveat this steps can be a plan or just a dream for some.

Pay until die. After that who cares wat happen to d house.

rarely first house ppl buy 800k.

normally they upgrade from condo somewhere.

normally above 40 yrs old liao.

This post has been edited by cmk96: Dec 11 2020, 03:55 PM

thats why need 20k per month

Paying 3.5k/mth look easy for 1st year.
When 2nd year already start to regret and looking to let go. Then those buying 600k condo, 1 year later see lelong can sell 400k. Don't fall into these trap

or, pay enough down payment upfront.

meaning we

marry.

not b40

Marry a working wife

menabung sejak kecil.

If peasant just do what peasants do.
Buy only what u can afford.

or marry someone who can afford

kalau gaji 20k no issue.

sell neckpillow

joint name..bf/gf sure break up, then will headache.
if later divorce, it will be complex.

life problem...

1mil is like 6k a month!
that's even more impossibru

yeah need to find ways to offset the numbers

Donasi

Daddykasi

u buy earlier cheaper,.. last time very cheap,..

It's quit difficult. 800k I think is about 3500.

now im feeling sad

My house 770k, after stamp duty 800k. I bought at 24, u wanna know how?

Dragged my mum move out with me, rent for one year while we sell off our old house, get cash already the same week go put downpayment and borrow loan for 400k.

I teach you how to get free house -

https://forum.lowyat.net/index.php?showtopic=5064209&hl=

Secret is dont buy just 1, buy 3

Money laundering

In this sense it's actually true..
When u work for few years, u save enuf to buy a cheap house..those 100-200k.
After few years, try to settle as much as possible and save more..then u can cash out your 1st house.
Maybe can have cash on hand 200 - 400 k..good enuf for 800k hse downpayment...

Marry bill gates doter

when u are 30+ i am sure your salary also 10k like that already. U must invest your money also.

Eeehhhh... i thought a lot of k/ are managers and 20k club before 30. 3.5k monthly also cannot afford ke?

I'm not even k/ standard can live in 800k house. Come on k/ you all my idols.

fark off la bodoh....

Can afford and want to afford is totally a different thing.

Don't confuse between the two

Agree. You only mention first n second. Imagine dragging it to 35 years. That's why I paid off mine in 3 years.

And woke up thinking if I can buy another more comfortable property eg. 800k. That's 4k/mth for next 30 years.

Just the thought alone... Is scary. So nope.

3 years
damn.. kaya raya

It's a lot of saving to pay off.

Just happy it's over. And someone said it very true. When you're berhutang, it's very hard to get your wealth growing.

And now to my next treasure hunt...the crypto world

post removed by user.

This post has been edited by coldbasecamp: Sep 25 2021, 02:41 PM

How are uoll coping monthly installment of 800k loan...

No expensive car to show off. Dont go out eat everyday, cook simple meal at home. No buy new iphone every year. Dont spend on unnecessary stuff.

My journey

Age 22 - fresh graduate with celery RM2,800. YOLO and boughted car with 0% downpayment and monthly instalment RM1,200. Every month makan roti negative cash flow.

Age 27 - by this time celery I think raised to around RM6 or RM7k. Wanted to propose to wife, so boughted an under-con apartment in middle of KL for RM380k. Downpayment 10% funded by a good bonus that year and some EPF withdrawal.

Age 29 - celery increased to 10k++ and car instalment finished. Stupid apartment construction delay super long, still stuck at car park level. Now with covid excuse lagi la delay. Got married already, so don't want to wait anymore and boughted RM800k landed subsale. Downpayment 10% funded by my lucky all in into BTC which quadrapled from RM10k to RM40k, as well as all in into glove shares which tripled from RM30k investment to RM90k. Reno cost about RM130k, partly funded by my savings, the rest funded by daddykasi (thank you dad).

Looking back, my celery is ngam ngam cukup makan saja. Far from ktard RM20k. But huge chunk of my extra funds came from investment income. Although sometimes lose sometime win, that all in into BTC and glove shares have indeed helped me buy my 2nd house.

Oh and also big thank you to my parents.

This post has been edited by ComingBackSoon: Dec 26 2020, 10:46 PM

You cannot afford doesn't mean others cannot je

Eco world and Setia Project all above 1 mil ... 3mil banglow also sold out .. what’s the problem

Pay more down payment so you can bring down the monthly repayment to a more affordable level.

Or by earning sgd